I day traded currency futures in a past life and always kept an online journal to keep me accountable, share what I was doing with the community and have a little bit of fun. Even 10+ years later, I enjoy reading bac...
I know many members on BP use the 50% rule as a screening technique.. I was curious if anyone uses a range of estimates for expenses to estimate potential profit, rather than strictly 50% - either while they are ...
Not sure if you guys listened in on Ben Leybovich's webinar last night, but I have to say I agree with him.He showed how you can drastically come up with a different valuation of a property ALL based on your assumptio...
I’m looking at a great deal in a not great neighborhood. Not great as in lower income, higher crime, and from what I can tell driving through, mostly African American neighborhood. Should I avoid this area all togethe...
Hello BP,I recently closed on a 5 unit property where all of the units are way below market. With the current rents I am operating at a $200 monthly deficit. All of the residents are on month to month leases and this...
Perhaps you currently work a 9-to-5 job that’s wearing you down, and you’re looking for an escape. Perhaps you’re tired of the long commutes and don’t want to miss any more of your son’s baseball games. Perhaps you’re...
Just got off the phone with another Realtor who showed one of my homes. Her clients gave me an offer that was 25% of the list price.Please folks Don't be that guy. Show some respect for others & their time. This ...
As you scroll through fackbook or other sites you see various life hacks about cooking, landscaping, etc. I want this post to be about landlord hacks( what are some simple tricks you use to make your life easier as a ...
Welcome back our Question of the Week!
We took a short break from our weekly question while we rolled out the new forum design. Thank you to those who have provided feedback for continued improvements. Our community ...
I'm curious if anyone on this forum has had success with out of area or out of state rentals over the long term. Investors in expensive parts of the county often have to go far away to find good cash flow and good nu...